Comparable sales & offer analysis
Parcel IN-437636
Madison County, IN · 126 ac · Residential · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$820,100
Adjusted value
$801,823
Value range
$582,098–$1,021,548
Comp $/acre
$6,349/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.3% versus the adjusted value.
Offer position
Max allowable offer
$458,185
Offer $/acre
$3,628/ac
Projected profit
$240,547
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| IN-907357 | 103.2 | Jan 20, 2026 | $498,700 | 4,833 | 6,451 | 78 |
| IN-776783 | 68.1 | Apr 28, 2026 | $225,000 | 3,305 | 5,003 | 76 |
| IN-298906 | 316.9 | Jul 27, 2026 | $769,000 | 2,427 | 4,307 | 74 |
| IN-547431 | 108.9 | Mar 23, 2025 | $407,900 | 3,747 | 5,242 | 74 |
| IN-496841 | 71.0 | Feb 14, 2026 | $298,300 | 4,201 | 5,502 | 73 |
| IN-877374 | 104.5 | Aug 15, 2024 | $527,100 | 5,046 | 9,047 | 72 |
| IN-628752 | 283.4 | Nov 22, 2024 | $1,344,000 | 4,742 | 7,499 | 70 |
| IN-478547 | 244.3 | Dec 29, 2025 | $533,400 | 2,183 | 3,957 | 70 |
| IN-938737 | 280.4 | Dec 9, 2025 | $2,209,900 | 7,882 | 8,584 | 69 |
| IN-619120 | 370.0 | Jan 26, 2025 | $2,489,100 | 6,727 | 8,227 | 67 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.